£119,800
This estimated value is based upon the latest sale price for the house of £119,000 on 3 Feb 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £119,000 | 3 Feb 2023 |
| £104,500 | 25 Aug 2021 |
| Terraced |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for LINCOLNSHIRE to estimate the market value.
When this house was purchased in February 2023 the House Price Index for LINCOLNSHIRE was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £119,000 results in an estimated price of approximately £119,800.
| 3 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £119,000 | £800 | £119,800 |
The Postcode Pricing Model uses changes in average sales price within the PE21 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 24.860 % | £29,583 | £148,583 |
| 3 Month Average | 4.706 % | £5,599 | £124,599 |
| 6 Month Average | 0.131 % | £155 | £119,155 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Feb 2023 | £119,800 | £119,000 | 4 WING DRIVE |
| 6 Jan 2023 | £150,402 | £150,000 | 50 WING DRIVE |
| 31 Oct 2022 | £161,959 | £162,500 | 15 LADDS CLOSE |
| 1 Jul 2022 | £154,549 | £153,000 | 15 WING DRIVE |
| 30 May 2022 | £164,280 | £160,000 | 56 WING DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Alcorn Green | |
| Aug 2024 | Other crime | Under investigation | On or near Alcorn Green |
| Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Alcorn Green |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alcorn Green |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Alcorn Green |